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Monday, September 23, 2019 1:21:28 PM
A pumper can be spotted typically by making big grand pompous statements of fortune and bliss with zero evidence other than their own statements
You can see here that are imaginary question that nobody has asked is answered in the positive. Not sure what they are talking about unless actually publishing their delinquent financials is “positive news” I guess it is - of a type - most people would just call it doing the minimum of your job. Very badly. The logic behind this propaganda is basically “hey, the daily beatings have been scaled back to weekly and your one slice of bread daily ration has been increased to two”
- note that a detailed reference is made to an anticipation of a negative report “by everyone” - this is supposed to make you feel like an insider. When actually - in the real world - we long suffering shareholders would appreciate that any reports outstanding would be filed.
Here the pumper / bully frames the pump that we should be grateful for anything the company finds the time to publish. Overlooking the company and it’s officers legal fiduciary responsibility to shareholders and the SECto provide documents in a timely fashion. Framing the gross negligence of duty as an opportunity we all should be grateful for. btw an 8k is not a “financial document” it’s a notification of material info.
So apparently it’s undervalued because of the complete lack of data and material info in the marketplace. Why this could be technically true and possible it is also equally possible that the financials of the company are a mess. Nobody could possibly know. Other than the hint that a micro cap punk sheet deal that can’t manage to file its financials over 10 months late could possibly be even better at operating its business is a big leap of logic
Here’s where we get into the creeper/ pervert/ sexual abuse grooming collateral techniques of now emphathizing with your victim. They understand, they really really do. But! And there’s the rub.
We have no idea if it’s open and operating because the ceo refuses to speak. Someone answering a phone saying “sure we’re open” is proof of nothing. Nobody can’t know if they only have one person answering the phone assuring people they’re open. And that same person takes the samples. Throws them in the garbage and prints out a false test report and puts the money and cannabis in their pocket and goes home. We don’t know anything to be true because we don’t have AUDITED FINANCIAL REPORTS SIGNED BY THE CEO.
Then the pumper ties in “3 expansion openings” as franchise openings that “we” all know about. I haven’t seen a PR have you? There was mention of breaking ground on a California licensee about a year ago. That evio had been working on for a year before that. But nothing has ever been updated or mentioned since. Leaving the pumper to paint a picture of a glass half full. But for me to imagine a dirty cracked leaking glass long forgotten
The pumper the ties an imaginary $1million dollars a year in revenue to the imaginary three labs and say that this imaginary income from imaginary labs is “better than nothing” - yes ok. I guess If you put it that way getting slapped in the face once a day is better than getting punched I the face. Sure.
Then it’s off to Massachusetts and how it’s better than nothing. Well pumper right is it’s worse than nothing. According to the company this lab had been imminent in opening for close to a year. And is bleeding cash like crazy as from IG posts from June July august of this year the lab is rented, staffed and equipped - all huge carrying costs out the door but sadly with no cash flow in As for some strange reason the IG posts ceased around mid august. It the pumper frames the narrative that we should all be grateful for something or other wise it’s better than nothin. And then something about hemp across America. Being better than nothing. Is this a song lyric? Cause the logic escapes me.
- here we are scolded for daring to assign blame or question the authority of the ceo for being over 10months late in filing financial reports. Demanding evidence the SEC and it’s ability to assign delinquency status and even to delist companies from the exchange. All very real and very possible. As Much as the ceo being sued or going to prison for criminal negligence of adhering to their duty of care in their fiduciary responsibilities. But facts are boring - it’s much easier to appeal to the us v. Them authority matrix and dare an imagined authority to prove the wrong. He admits finally there are real worries today but who cares because there’s an imaginary future to hope for.
Now the predator swooping in for the victim. Reassures the sucker by referring to the authority of Previous Posts in Capital Letters using State of Florida and referring to “secret imagined insider knowledge” of who owns the market. Of course we do.
Even if it’s 3% of the net revenues. But like the pumper says. Don’t think to much about it.
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